![[Quote] “Secure Foothold in New Markets through Localization Strategy”…Hyundai Chairman](http://koreabizwire.com/wp/wp-content/uploads/2014/09/Chung-Mong-koo-chairman-of-Hyundai-Motor-Group.jpg "[Quote] “Secure Foothold in New Markets through Localization Strategy”…Hyundai Chairman")
“The Turkish plant was reborn last year as an important production base for the whole group to spearhead the entry into the European market. As localization has deepened in the areas of development, production, and sales, we must do our best to become a brand loved by European customers.” “With the plants in India and [...]
SEOUL, Aug. 21 (Korea Bizwire) – LG Chem will supply electric car battery packs to Germany’s Audi, a Volkswagen Group company. As the Korean battery maker secures more than a half of the world’s top-ten auto manufacturers as clients, it is in an enviable position to take the leadership in the fast-emerging eco-friendly car battery market. The LG [...]
SEOUL, July 20 (Korea Bizwire) – Korea’s largest conglomerates such as Samsung Group and Hyundai Motor Group are holding huge amounts of retained earnings in the form of cash and are showing willingness to invest in financial instruments instead of plowing it back into capital spending. For example, Samsung is prepared to put its money into yuan-tied structured [...]
FOUNTAIN VALLEY, Calif., Jul. 9 (Korea Bizwire) – The 2014 FIFA World Cup is being hailed as one of the greatest ever – both on and off the field. The tournament is dominating the social universe as one of the most talked about events on Twitter of all time with more than 300 million Tweets [...]
SEOUL, June 21 (Korea Bizwire) – The corporate social responsibility (CSR) activities of domestic companies become increasingly crucial as South Asian and Southeast Asian countries centering on India ask them to expand the CSR activities. For example, India enforced a law making CSR activities compulsory for large companies last April. According to the law, companies [...]
FOUNTAIN VALLEY, Calif., Jun. 19 (Korea Bizwire) – Hyundai announced the third powertrain available in the 2015 Sonata. The 2015 Sonata Eco is expected to deliver a class-leading 32 mpg combined fuel economy rating, will start at $23,275, excluding $810 freight charge, and go into production at the Hyundai Motor Manufacturing Alabama plant later this [...]
FOUNTAIN VALLEY, Calif., Jun. 18 (Korea Bizwire) – J.D. Power presented three Hyundai vehicles – 2014 Genesis, 2014 Elantra and 2014 Accent – their highest award for initial quality in their respective segments. Hyundai ranked fourth overall in initial quality, climbing six spots from last year, and was the highest-ranked non-premium brand. In total, Hyundai had [...]
FOUNTAIN VALLEY, Calif., Jun. 17 (Korea Bizwire) – The 2014 Hyundai Tucson topped the Compact Crossover SUV category in the 2014 AutoPacific Vehicle Satisfaction Awards (VSA). AutoPacific’s VSA measures how satisfied an owner is with his/her new vehicle. AutoPacific’s VSAs objectively measure owner satisfaction with 50 separate attributes ranging from interior comfort and convenience to [...]
TUSTIN, Calif., Jun. 10 (Korea Bizwire) — Tustin Hyundai’s Dealer Principal, John Patterson, proudly handed over the keys to Hyundai’s first mass-produced Tucson Fuel Cell CUV in a ceremony with Hyundai executives and Timothy Bush, the first Hyundai Fuel Cell customer. “My family is certainly excited to be doing their part in driving a zero-emission [...]
FOUNTAIN VALLEY, Calif., Jun. 4 (Korea Bizwire) – As the world suits up for the largest sporting event this year, Hyundai kicks off the 2014 FIFA World Cup with a complete 360˚ integrated marketing platform that celebrates fan passion. Two all-new in-game 30-second spots featuring the redesigned 2015 Sonata will join digital, social, CRM, and retail [...]